ERIE250321C00210000 Option on Erie Indemnity

ERIE Stock  USD 409.94  0.04  0.01%   
Erie Indemnity's latest option contracts expiring on June 20th 2025 are carrying combined implied volatility of 0.4 with a put-to-call open interest ratio of 0.35 over 64 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on June 20th 2025. The total put volume is at 1.0.

Open Interest Against June 20th 2025 Option Contracts

The chart above shows Erie Indemnity's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Erie Indemnity's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Erie Indemnity's option, there is no secondary market available for investors to trade.

Erie Indemnity Maximum Pain Price Across 2025-06-20 Option Contracts

Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of particular securities such as Erie Indemnity close to expiration to expire worthless. So, Max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, Erie Indemnity's option sellers may reap the most after selling more options than buying, causing them to expire worthless.

In The Money vs. Out of Money Option Contracts on Erie Indemnity

Analyzing Erie Indemnity's in-the-money options over time can help investors to take a profitable long position in Erie Indemnity regardless of its overall volatility. This is especially true when Erie Indemnity's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Erie Indemnity's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Erie Indemnity's stock while costing only a fraction of its price.
Erie Indemnity's stock options are financial instruments that give investors the right to buy or sell shares of Erie Indemnity common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Erie stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Erie Indemnity's stock price goes up or down, the stock options follow.
At present, Erie Indemnity's Liabilities And Stockholders Equity is projected to decrease significantly based on the last few years of reporting. The current year's Stock Based Compensation To Revenue is expected to grow to 0, whereas Other Stockholder Equity is projected to grow to (1.1 B).

Erie Indemnity In The Money Call Balance

When Erie Indemnity's strike price is surpassing the current stock price, the option contract against Erie Indemnity stock is said to be in the money. When it comes to buying Erie Indemnity's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Erie Indemnity are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

Erie Current Options Market Mood

Erie Indemnity's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Erie Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Unfortunately, most Erie Indemnity's options investors are not very successful. Erie Indemnity's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.

Rule 16 of the current Erie contract

Base on the Rule 16, the options market is currently suggesting that Erie Indemnity will have an average daily up or down price movement of about 0.025% per day over the life of the 2025-06-20 option contract. With Erie Indemnity trading at USD 409.94, that is roughly USD 0.1. If you think that the market is fully incorporating Erie Indemnity's daily price movement you should consider buying Erie Indemnity options at the current volatility level of 0.4%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing Erie Indemnity options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Erie calls. Remember, the seller must deliver Erie Indemnity stock to the call owner when a call is exercised.

Erie Indemnity Option Chain

When Erie Indemnity's strike price is surpassing the current stock price, the option contract against Erie Indemnity stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
Erie Indemnity's option chain is a display of a range of information that helps investors for ways to trade options on Erie. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Erie. It also shows strike prices and maturity days for a Erie Indemnity against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open IntStrike PriceCurrent SpreadLast Price
Call
ERIE250620C007600003760.00.0 - 2.30.7Out
Call
ERIE250620C007400004740.00.0 - 0.60.7Out
Call
ERIE250620C007200000720.00.0 - 2.32.3Out
Call
ERIE250620C007000000700.00.0 - 2.32.3Out
Call
ERIE250620C006800000680.00.0 - 2.32.3Out
Call
ERIE250620C006700000670.00.0 - 2.32.3Out
Call
ERIE250620C006600000660.00.0 - 2.32.3Out
Call
ERIE250620C006500000650.00.0 - 2.652.65Out
Call
ERIE250620C006400000640.00.0 - 2.352.35Out
Call
ERIE250620C006300000630.00.0 - 2.352.35Out
Call
ERIE250620C0058000097580.00.0 - 2.53.55Out
Call
ERIE250620C005500001550.00.0 - 2.85.46Out
Call
ERIE250620C0053000097530.00.0 - 3.29.05Out
Call
ERIE250620C005200002520.00.0 - 3.52.55Out
Call
ERIE250620C0050000011500.00.3 - 3.85.1Out
Call
ERIE250620C004900003490.02.2 - 5.318.2Out
Call
ERIE250620C004800001480.02.1 - 6.321.04Out
Call
ERIE250620C004700001470.03.8 - 7.57.0Out
Call
ERIE250620C004500001450.08.5 - 11.527.27Out
Call
ERIE250620C004400002440.011.5 - 14.530.9Out
Call
ERIE250620C004300002430.015.1 - 18.943.69Out
Call
ERIE250620C004200004420.019.4 - 23.428.0Out
Call
ERIE250620C004100004410.024.3 - 28.158.13Out
Call
ERIE250620C0040000010400.030.1 - 33.951.0In
Call
ERIE250620C003900002390.036.4 - 40.157.55In
Call
ERIE250620C003800002380.043.3 - 46.966.62In
Call
ERIE250620C003700003370.050.6 - 54.235.16In
Call
ERIE250620C003600003360.058.5 - 62.141.96In
Call
ERIE250620C003500004350.067.0 - 70.376.1In
Call
ERIE250620C003400001340.075.4 - 78.986.96In
Call
ERIE250620C003300001330.083.9 - 87.677.1In
Call
ERIE250620C003200001320.093.0 - 96.670.24In
Call
ERIE250620C003000004300.0111.4 - 116.0128.2In
Call
ERIE250620C002900006290.0120.9 - 125.0143.0In
Call
ERIE250620C002800002280.0130.6 - 135.0136.6In
Call
ERIE250620C002600001260.0149.9 - 154.0139.8In
Call
ERIE250620C002500001250.0159.0 - 164.0176.8In
 Put
ERIE250620P007600000760.0347.6 - 352.4339.6In
 Put
ERIE250620P007400000740.0327.9 - 332.4320.0In
 Put
ERIE250620P007200000720.0307.7 - 312.5307.7In
 Put
ERIE250620P007000000700.0287.9 - 292.4279.9In
 Put
ERIE250620P006800000680.0268.0 - 272.4260.0In
 Put
ERIE250620P006700000670.0258.0 - 263.0250.0In
 Put
ERIE250620P006600000660.0248.3 - 253.3240.0In
 Put
ERIE250620P006500000650.0238.3 - 243.3248.1In
 Put
ERIE250620P006400000640.0228.0 - 232.8220.0In
 Put
ERIE250620P006300000630.0218.0 - 222.8218.0In
 Put
ERIE250620P005300001530.0118.4 - 123.199.0In
 Put
ERIE250620P004800001480.070.5 - 74.079.5In
 Put
ERIE250620P0047000012470.061.8 - 65.262.9In
 Put
ERIE250620P0046000015460.053.6 - 56.934.2In
 Put
ERIE250620P004500007450.046.1 - 49.264.0In
 Put
ERIE250620P004400001440.038.9 - 42.039.7In
 Put
ERIE250620P004300003430.032.0 - 35.650.9In
 Put
ERIE250620P004200002420.026.2 - 30.229.71In
 Put
ERIE250620P004100007410.021.3 - 25.223.18Out
 Put
ERIE250620P004000008400.017.8 - 20.912.0Out
 Put
ERIE250620P003900004390.014.0 - 17.229.0Out
 Put
ERIE250620P0038000012380.010.7 - 13.814.02Out
 Put
ERIE250620P003600002360.05.5 - 9.412.4Out
 Put
ERIE250620P003500007350.03.8 - 7.88.17Out
 Put
ERIE250620P0033000011330.02.0 - 5.49.78Out
 Put
ERIE250620P003200003320.00.2 - 4.74.96Out
 Put
ERIE250620P003100001310.00.2 - 4.05.0Out

Erie Indemnity Market Cap Over Time

   Market Cap   
       Timeline  

Erie Total Stockholder Equity

Total Stockholder Equity

1.01 Billion

At present, Erie Indemnity's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting.

Erie Indemnity Corporate Management

CPCU CPAEx CFOProfile
Marc CICSenior UnderwritingProfile
Charles CICSenior MarketingProfile
Jeffrey CPCUSenior ServicesProfile
CPCU FCASEx ProductsProfile
Ronald HaburskySenior OfficerProfile
Bill MatrogranVice OperationsProfile
When determining whether Erie Indemnity is a strong investment it is important to analyze Erie Indemnity's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Erie Indemnity's future performance. For an informed investment choice regarding Erie Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Erie Indemnity. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For information on how to trade Erie Stock refer to our How to Trade Erie Stock guide.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Erie Indemnity. If investors know Erie will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Erie Indemnity listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.373
Dividend Share
5.19
Earnings Share
11.48
Revenue Per Share
72.578
Quarterly Revenue Growth
0.13
The market value of Erie Indemnity is measured differently than its book value, which is the value of Erie that is recorded on the company's balance sheet. Investors also form their own opinion of Erie Indemnity's value that differs from its market value or its book value, called intrinsic value, which is Erie Indemnity's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Erie Indemnity's market value can be influenced by many factors that don't directly affect Erie Indemnity's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Erie Indemnity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Erie Indemnity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Erie Indemnity's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.